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Sparce

10/01/10 7:12 AM

#9183 RE: ComeWhatMay #9182

Still a crappy PR. It's meaningless. When they have something it needs to say "WE OWN IT" (in whatever language they care to use. (DO YOU HAVE A LINK FOR THIS?)

GeoBio and the Pipeline Construction Company are currently finalizing the definitive acquisition agreement, under which GeoBio proposes to acquire the Pipeline Construction Company for a combination of cash, debt and equity in GeoBio, with an anticipated closing within 120-days of the letter of intent.


They basically said "Well, we're working on it but we will not commit to saying it's a done deal for AT LEAST 120 days or more; maybe. Oh BTW, that clock doesn't start ticking until the letter of intent is signed or we choose to announce that it's signed."



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Reality2

10/02/10 5:29 PM

#9211 RE: ComeWhatMay #9182

Risks particularly associated with our current business include, but are not limited to the risks associated with our ability to (i) obtain the necessary financing to complete our prospective acquisitions of the Pipeline Construction Company, Magna and the Colorado civil construction company and to finance our current operations, (ii) generate sufficient revenue and obtain profitability, (iii) obtain additional financing as needed, (iv) manage changes in general economic and business conditions (both generally and in the natural gas and oil services and the energy industry), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) identify and manage risks in connection with acquisitions (viii) evaluate the level of demand and market acceptance of our services and (ix) make necessary changes to our business strategies

A LOT OF RISKS